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$377,694

NAL Estimated Property Value

321 E Oaks Ave, Port Aransas, TX, 78373

$491,002 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths900 Sq Ft
price_per_sqft$310 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Deal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesRefrigerator
FlooringOther, Vinyl

Exterior

Exterior FeaturesDeck
Lot Size7,100 sqft

Building Information

Year Built1940
Roof Type105
Garage Spaces1

Land Information

APN5079-0002-0060
Lot Number5-6
SubdivisionMercer Ed Sur #11 - Pa
Land UseResidential
Legal DescriptionMERCER ED SUR NO 11-P A W50' LTS 5-6-7 BLK 2
Census Tract005104
Assessed Land Value$315,950
Assessed Improvement Value$61,744
Assessment Year2025

About this property

BRING ALL OFFERS - 321 E. Oakes is a 1940s cottage in Old Town Port Aransas in need of repair and remodeling to bring it back to its former glory. It is currently a two bedroom with one bathroom with an enclosed porch and a detached garage. The lot is large at approximately 50' x 142' and is adjacent to a 10' alleyway. The roof appears to have been replaced about 8 years ago and the back deck is in great shape, too. This home will need cleanup and repair and is being sold as-is. Estate owned by heirs who have never occupied the property. Zoning is R-1 which is single family residential with no vacation rentals allowed. The lot and zoning allow for a main dwelling and an accessory dwelling unit (ADU). Any and all plans will need to be approved by the city of Port Aransas. Extensive remodeling could require the entire property to be brought up to code. Fix up this cottage or start fresh in a great location.

Investor Tools

Property Icon
$377,694
Estimated Property Value
$0Estimated Mortgage Balance
$377,694Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$491,002
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,266 /month
Positive
Cash Flow Estimate:
$755 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$174/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$203
$377,694
2025
$315,950
$61,744
$377,694
No

Tax History

Year
Tax Paid
Assessed Value
2024
$203
$377,694

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$377,694
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Port Aransas

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321 E Oaks Ave | Property Details | No Agent List